BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Switzerland to Share Crypto Tax Data with 74 Nations Starting 2027
Switzerland to Share Crypto Tax Data with 74 Nations Starting 2027
25
2
Switzerland has approved a landmark plan requiring crypto firms to disclose customer asset details to tax authorities, marking a significant step toward global financial transparency. The framework, adopted June 6, 2025, will see data shared automatically with 74 partner jurisdictions—including all EU members and most G20 nations—beginning in 2027.
Crypto service providers must record client holdings by January 2026, with the Federal Council citing alignment with updated international standards. Notably absent from the partnership are the United States and Saudi Arabia, though officials emphasize the list may expand. Parliament's ongoing debate will finalize implementation timelines.
By:
Previous
Blockchain-Powered FIFA Rivals Integrates Adidas Digital Collectibles Ahead of Release
Next
Trump Threatens to Replace Fed Chair Powell, Pushes for Aggressive Rate Cuts
